RBI debt restructuring scheme to benefit resilient sectors more: Crisil

Crisil said it studied its rated portfolio of more than 8,500 companies after sorting them by rating, sector and moratorium availed

Over 5,600 companies rated by rating agency Crisil across sectors will be eligible for a one-time corporate debt restructuring based on parameters proposed by K V Kamath Panel.

While the parameters for the scheme support debt restructuring across rating categories, the study (of over 8,500 entities) indicated that companies in resilient sectors like pharma, chemical, consumer durable\FMCG stand to benefit more. Three out of four rated ones in the resilient sectors will qualify for restructuring.

In the less-resilient sectors like auto dealerships, gems and jewellery, hotels, restaurants and tourism, and real estate, opportunities could be a little lower as they